Prøve GULL - Gratis
India May Become Biggest Natural Diamond Market
Business Standard
|May 23, 2025
De Beers Group has doubled down on its marketing spend in India for natural diamonds this year, which will be the highest in the last decade. In an exclusive interview, Al Cook, chief executive officer, De Beers Group, talks to Sharleen D'Souza in Mumbai about doubling down on the firm's support for the Indian natural diamond jewellery market. Edited excerpts:
-
What will drive growth for the natural diamond market in India, as you expect the market to double by 2030?
We're seeing extraordinary growth in the Indian economy at the moment, and the rise in per capita income between now and 2030 will be dramatic in India. That's the primary driver. On top of that, India is a country that loves diamonds. We know there's a traditional love.
Denne historien er fra May 23, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
Withdrawing PF soon? Missing this form could quietly cut your payout
A new rule from April 2026 could reduce your payout, even if your final tax liability is nil.
1 min
May 05, 2026
Business Standard
The devil wears fine print
David Frankel’s The Devil Wears Prada 2 is, surprisingly, not about fashion but about saving journalism.
4 mins
May 05, 2026
Business Standard
India’s neglected mental health challenge
One in seven Indians lives with a mental health condition, yet 83 per cent receive no treatment, making it one of the widest mental health care gaps in the world.
3 mins
May 05, 2026
Business Standard
J&K staff integration: EPFO sticks to 2019 cutoff, sparks concern
The Employees’ Provident Fund Organisation (EPFO) is finalising its approach to integrating employees from the erstwhile Jammu & Kashmir (J&K) EPFO following the region’s reorganisation in October 2019, according to multiple people aware of the matter.
2 mins
May 05, 2026
Business Standard
A vote for change, and continuity
In bold brushstrokes, BJP swept West Bengal and retained Assam. Superstar Vijay’s TVK dazzled in Tamil Nadu, while UDF reclaimed Kerala, and the NDA held on to Puducherry
3 mins
May 05, 2026
Business Standard
The way of Bengal
BJP will form its first govt in the state after winning 207 seats, way past the majority mark of 148, to end TMC's 15-year rule. Mamata Banerjee's party managed only 80 seats
2 mins
May 05, 2026
Business Standard
Formula One races into a new era as AI powers its next lap
Artificial Intelligence's integration into Liberty Media-owned Formula One and its 11 teams has been noticeable onand offtrack in the already highly tech-powered sport.
2 mins
May 05, 2026
Business Standard
Global investors drawn to India's non-life market
Foreign investors are showing renewed interest in India's non-life insurance segment after the government allowed 100 per cent foreign direct investment (FDI), prompting early-stage entry discussions, joint venture explorations and, in some cases, plans to reenter as wholly owned subsidiaries.
2 mins
May 05, 2026
Business Standard
Central schemes could get fresh lease of life
The Bharatiya Janata Party’s (BJP’s) stupendous win in the West Bengal elections could open the door for a smooth flow of funds to the state under many central schemes and projects, several of which have been stuck over the years due to differences between the Centre and the state government, according to experts and commentators.
2 mins
May 05, 2026
Business Standard
Carrier eyes $1 billion India revenue by decade-end
Over the past four years, India has consistently delivered the highest growth rates for Carrier Global, making it a hyper-growth market for the US-based company. Carrier is investing $100 million in Sri City, Andhra Pradesh, with operations expected to begin by the end of next year. In an exclusive audio interview, David L Gitlin, chairman and chief executive officer, Carrier Global, speaks with Sharleen D’Souza about the company’s plans to reach $1 billion in India revenue by the end of the decade. Edited excerpts:
3 mins
May 05, 2026
Listen
Translate
Change font size